Penn Mart Shopping Center

For Lease

1 Penn Mart Shopping Center, New Castle, DE 19720

You can currently find 7 retail space(s) available for lease at Penn Mart Shopping Center. Designated use type for space listed here includes retail. Current retail listings at this property total 30,269 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Penn Mart Shopping Center.

Space Available For Lease 7

Contacts

broker
Griffin Conaty

DSM Commercial

Property Details

  • Property Type Retail
  • Property Size 146,000 SF
  • Lot Size 12.92 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1991
  • Date Updated Jan 23, 2025
Conveniently located with excellent visibility and exposure along Route 13 and Route 141 in the heart of New Castle, DE.FOR LEASE: Penn Mart Shopping Center is a bustling retail hub situated in the heart of New Castle, Delaware. This prime commercial property boasts a strategic location and an array of national tenants that contribute to its vibrant atmosphere. With anchor tenants like Big Lots, PNC Bank, Save A Lot, and Rent-A-Center, Penn Mart offers a diverse shopping experience, catering to a wide range of consumer needs. The mixture of these national and locally recognized tenants ensures a steady flow of foot traffic, making this center an ideal destination for both residents and visitors alike. The well-maintained premises and ample parking facilities enhance the overall convenience for shoppers. Penn Mart Shopping Center stands as a testament to the thriving retail landscape in New Castle, providing a dynamic and accessible destination for those seeking quality products and services from trusted national retailers.
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Highlights

  • Traffic Counts: 90,014 AADT (combined US 13;US 40 and DE 141)
  • Parking: 855 surface spaces
  • Signage: 2 large multi-tenant pylon and 1 single tenant freestanding available

Attachments

Getting around

  • 62/100

    Walk Score ®

  • 42/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City New Castle, DE
  • Zip Code 19720
  • Market Philadelphia

Points of Interest

  • Wilmington

    4.59 miles

  • Newark

    8.66 miles

1 Penn Mart Shopping Center Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at Penn Mart Shopping Center asks $20.00/SF/YR per square foot.

  • The property includes 30,269 square feet of retail space for lease. Of this total, 30,269 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Griffin Conaty

DSM Commercial

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